NASDAQ$AIRS

AirSculpt Technologies Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

AirSculpt's Q4 2021 earnings showcased significant revenue and case growth, although net loss was reported due to increased operating expenses.

AirSculpt Technologies, Inc. reported a strong fourth quarter with a 64.4% increase in revenue and a 43.8% increase in cases compared to the prior year period. However, the company reported a net loss of $14.2 million, compared to a net income of $5.6 million in the prior year period. Adjusted EBITDA increased by 25.8% to $10.2 million.

  • Cases increased 43.8% year-over-year to 2,885 cases.
  • Revenue increased 64.4% year-over-year to $37.6 million.
  • Same-center revenue per case increased 13.1% year-over-year.
  • Adjusted EBITDA increased to $10.2 million, a 25.8% increase year-over-year.

Headline financials

Total Revenue

$37.6M

Previous: $22.8M+64.4%
EPS (adj)

-$0.25

Previous: $0.08-428.5%
Adj. EBITDA Margin

27.2%

Previous: 35.5%-23.4%
Same-Center Case Growth

19.6%

No prior period
Same-Center Rev/Case Growth

13.1%

No prior period
Capital Expenditures

$2.39M

No prior period
Free Cash Flow

-$8.1M

No prior period
Net Income

-$14.2M

Previous: $4.24M-434.1%
Operating Income

-$12.3M

Previous: $6.25M-296.2%
Gross Profit

$24.5M

Previous: $15.2M+60.8%
Cash & Equivalents

$25.3M

No prior period
Total Assets

$201M

No prior period
Stock-Based Comp

$6.93M

No prior period

Revenue & EPS history

AirSculpt · Revenue · Quarterly

$37.6M

Q4 2021+64.4%vs Q4 2020
Beat estimate in 7 of 10 quarters(70%)
ActualEstimate

Forward guidance

The Company projects full year revenue and Adjusted EBITDA 2022 guidance as follows:

Tailwinds

  • Revenues in the range of $172 million to $176 million representing growth of 29% to 32% over 2021
  • Adjusted EBITDA in the range of $58 million to $60 million representing growth of 26% to 30% over 2021
  • The addition of four new centers, one opening in the first quarter and three in the second half of the year

Headwinds

  • The guidance above assumes there will be no material negative impact in market conditions from any new COVID strains.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 17 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

-2.1%

Avg return

Earnings day

+0.1%

Avg return

5 days after

+3.3%

Avg return

30 days after

32%

6 / 19 earnings

Positive

+40.5%

Q1 2023

Best reaction

-41.8%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-0.4%-6.3%
Q1 2026+11.6%+34.7%+47.4%
Q3 2025-41.8%-41.8%-71.0%
Q2 2025-10.5%-7.0%-2.4%
Q1 2025+32.5%+13.3%+95.1%
Q4 2024-2.7%+1.7%-38.1%
Q3 2024+15.9%+3.1%-9.9%
Q2 2024-12.9%-4.8%-8.6%
Q1 2024-13.4%-17.3%-20.0%
Q4 2023-4.1%-0.5%-2.7%
Q3 2023-9.7%-9.4%-4.9%
Q2 2023-1.8%+0.5%-6.2%
Q1 2023+40.5%+49.1%+63.8%
Q4 2022-18.6%-12.1%-17.7%
Q3 2022-27.9%-32.1%-29.2%
Q2 2022+20.6%+19.4%+4.2%
Q1 2022-12.1%-10.4%-3.0%
Q4 2021-10.9%-2.6%-1.1%
Q3 2021+5.4%+24.4%+64.3%
Q2 2021
Q1 2021
Q4 2020
Q3 2020
Q2 2020
Q1 2020

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro